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Murphy Oil Corp Completes Spin-off of Murphy USA Inc

Friday, 30 Aug 2013 05:00pm EDT 

Murphy Oil Corp announced that it has completed the spin-off of its U.S. retail marketing business into an independent public company called Murphy USA Inc. (Murphy USA). The spin-off was achieved through the distribution to Murphy Oil`s shareholders of one share of Murphy USA common stock for every four shares of Murphy Oil stock held at the close of business on the record date of August 21, 2013. Murphy USA common stock will begin regular-way trading on the New York Stock Exchange under the ticker symbol MUSA on September 3, 2013. 

Company Quote

-2.7 -5.77%
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